OANDA:USDJPY   U.S. Dollar / Japanese Yen
Quotations of the USD / JPY Dollar / Yen currency pair continue to move as part of the decline. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.08. Moving averages indicate a short-term bearish trend for the pair. Prices have pierced the area between the signal lines down, indicating pressure from sellers of the US Dollar. As part of the forecast for the Japanese Yen on April 2, 2020, we should expect an attempt to develop a correction and test the resistance area near the level of 107.75. Further, the rebound and continued fall of the pair USD / JPY to the area below the level of 101.55.
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